Earnings
September 27, 2020 - CSH.UN
New! Chartwell Retirement Residences REIT - Q2-2020 Earnings, Price Target Updat .....
September 25, 2020 - PKI
New! Parkland Fuel Corp. Q2-2020 Earnings, Price Target Update .....
September 24, 2020 - BRE
Bridgemarq Real Estate Services - Q2-2020 Earnings, Price Target Update .....
September 23, 2020 - SPB
Superior Plus Corp. - Q2-2020 Earnings & Price Target Update .....
September 20, 2020 - NFI
NFI Group Inc. Q2-2020 Earnings, Price Target Update .....
September 18, 2020 - CU
Canadian Utilities Ltd Q2-2020 Earnings, Price Target Update .....
September 15, 2020 - EMA
Emera Inc. - Q2-2020 Earnings, Price Target Update .....
September 14, 2020 - FTS
Fortis Inc. Q2-2020 Earnings, Price Target Update .....
Recommendation Changes
BRE, SPB, NTR, CNQ, SU, more...

NFI Group Inc. Q1-2020 Earnings, Price Target Update

This is only a sample of the article, please login to view the entire article

NFI Group Inc. (NFI), operates from 50 facilities across ten countries, NFI is a leading independent global bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), Alexander Dennis Limited (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC® (low-floor cutaway and medium-duty buses), and NFI Parts. NFI vehicles incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell). In total, NFI now supports over 105,000 buses and coaches currently in service around the world.

Prior to the acquisition of Alexander Dennis (ADL), was North America's largest bus and motor coach manufacturer and parts distributor. The Alexander Dennis acquisition in May-2019 for $US428M increased total assets to $2.9B. The acquisition provided an international platform for expansion of all NFI models including the double decker transit bus segment. The acquisition was expected to increase annual revenues by 30%. Transport bus platforms include heavy-duty transit buses, low-floor cutaway and medium-duty buses), inter-city motor coaches, parts support, and fibre-reinforced plastic and composites and now double decker busses. Prior to the Alexander Dennis acquisition transit bus sales comprised 65% of revenues, inter-city motor coaches – 20%, cut-a-away style busses -5%, parts and service 10%. Prior to the Alexander Dennis acquisition, approximately 85% of revenues are in USD and the balance in Canadian. Following the acquisition US dollar revenues has decreased to about 50%, after inclusion of UK, Euro and Asian currencies. They offer the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell) on proven bus platforms. In total including Alexander Dennis they support over 105,000 buses and coaches currently in service in North America, UK, Europe and Asia. The first quarter of the year is typically NFI's seasonally slowest period.

Alexander Dennis Acquisition

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
September 25, 2020
New! Coverage Universe - Weekly Price Change: Sept 18-25, 2020
September 18, 2020
Coverage Universe - Weekly Price Change: Sept 11-18, 2020
September 11, 2020
Coverage Universe - Weekly Price Change: Sept 4-11, 2020
September 4, 2020
Coverage Universe - Weekly Price Change: Aug 28-Sept 4, 2020
August 29, 2020
Coverage Universe - Weekly Price Change: Aug 21-28 , 2020
August 28, 2020
BSR REIT - 5% Convertible Debenture New Issue
August 26, 2020
ECN Capital Corp. 6% Redeemable Debentures New Issue
August 21, 2020
Coverage Universe - Weekly Price Change: Aug 14-21, 2020